Wednesday, 9 May 2012

Oriental Bank of Commerce

  Unknown       Wednesday, 9 May 2012

Oriental Bank of Commerce
Type
Public
Trade AS
BSE: 500315, NSE: ORIENTBANK
Industry
Banking
Financial services
Founded
19 February 1943
Headquarters
New Delhi, India
Key people
S.L.Bansal
(Chairman & MD)
Products
Investment Banking
Consumer Banking
Commercial Banking
Retail Banking
Private Banking
Asset Management
Pensions
Mortgages
Credit Cards
Employees
15,358 (2010)
Website

Oriental Bank of Commerce made a beginning under its Founding Father, Late Rai Bahadur Lala Sohan Lal, the first Chairman of the Bank. Within four years of coming into existence, the Bank had to face partition. Branches in the newly formed Pakistan had to be closed down and the Registered Office had to be shifted from Lahore to Amritsar. Late lala Karam Chand Thapar, the then Chairman of the Bank, in a unique gesture honoured the commitments made to the depositors from Pakistan and paid every rupee to its departing customers.

The Chairpersons (CMD)of the banks were as under
No.
Name
Term
1
L. M. Thapar
1961 to 1969
2
R. P. Oberoi
1973 to 1976
2
M. K. Vig
1976 to 1983
3
P. S. Gopalakrishnan
1984 to 1988
4
S. P. Talwar
1988 to 1990
5
S. K. Soni
1990 to 1996
6
Dalbir Singh
1996 to 2000
7
B. D. Narang
2000 to 2005
8
K. N. Prithviraj
2005 to 2007
9
Alok Kumar Misra
2007 to 04/08/2009
10
T. Y. Prabhu
2009 to jan 2011
11
Nagesh Paidah jan
2011 onwards


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